1)

2)

3)

Choices of the first&third blank to be filled for the (work in process inventory) is :

May 31

May 31 Balanace

May 1 balance

Please get me full answer and correct !

Exercise 2-2 Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $4,240 and two jobs in process: Job No. 429 $2,580, and Job No. 430 $1,660. During May, a summary of source documents reveals the following. Materials Requisition Slips Labor Time Tickets Job Number 429 430 431 General use $3,040 $2,060 3,310 3,680 4,710 $11,430 8,130$13,500 1,360 $14,860 940 $12,370 Stine Company applies manufacturing overhead to obs at an overhead rate of 61% of direct labor cost. Job No. 429 is completed during the month